TORONTO, Nov 7 (Reuters) - Canada's benchmark stock index
rose the most in nearly three weeks on Monday, led by banks and
energy as oil rose and the FBI cleared U.S. Democratic
presidential candidate Hillary Clinton of wrongdoing over emails
just ahead of Tuesday's election.

An uncertain U.S. political environment and recent losses
for oil weighed on the index last week, when it fell 1.9
percent, the most since February.

"The markets were definitely oversold. It is just one of
these things where the pendulum swung too far in the one
direction and now it is coming back," said John Kinsey,
portfolio manager at Caldwell Securities.

Nine of the index's 10 main groups were in positive
territory, although the materials sector, which includes
precious and base metals miners and fertilizer companies,
falling 1.4 percent.

Gold miners weighed heavily as bullion retreated on the news
about Clinton, which is seen helping her in a tight race for the
White House against Republican nominee Donald Trump.
Continued...